Remove Accounting Remove Kitchen Operations Remove Portion Control Remove Procurement
article thumbnail

Utilizing Waste and Food Cost Control Data in Restaurants

Synergy Suite

From deciphering the components of the equation to scrutinizing key data points, let’s delve into the essential elements that define effective cost control in the culinary world. What is Waste and Food Cost Control? This holistic management ensures not only financial prudence but also promotes sustainability and operational efficiency.

article thumbnail

Gross Profit Margin: A Guide for Restaurants

Synergy Suite

Gross profit margin is a fundamental financial metric that reveals the percentage of revenue left after accounting for the cost of goods sold (COGS). In the restaurant context, this encompasses the expenses associated with ingredients and other direct production costs, excluding operating costs like labor, rent, and utilities.